Penny has finally dropped ......

nopennys

Household Information[/b]
Number of adults in household........... 1
Number of children in household......... 0
Number of cars owned.................... 1

Monthly Income Details
Monthly income after tax................ 1235.96
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1235.96

Monthly Expense Details
Mortgage................................ 267
Secured/HP loan repayments.............. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 60
Electricity............................. 20
Gas..................................... 35
Oil..................................... 0
Water rates............................. 22.56
Telephone (land line)................... 0
Mobile phone............................ 25.25
TV Licence.............................. 12.12
Satellite/Cable TV...................... 35.26
Internet Services....................... 0
Groceries etc. ......................... 120
Clothing................................ 30
Petrol/diesel........................... 80
Road tax................................ 0
Car Insurance........................... 34.4
Car maintenance (including MOT)......... 0
Car parking............................. 10
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 15
Contents insurance...................... 15
Life assurance ......................... 16
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 0
Entertainment........................... 100
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 897.59


Assets
Cash.................................... 0
House value (Gross)..................... 68000
Shares and bonds........................ 0
Car(s).................................. 900
Other assets............................ 0
Total Assets............................ 68900


Secured & HP Debts
Description....................Debt......Monthly...APR
Mortgage...................... 36000....(267)......3.59
Total secured & HP debts...... 36000.....-.........-

Unsecured Debts
Description....................Debt......Monthly...APR
Loan...........................0.........124.......0
Card...........................4000......80........0
card...........................2600......60........0
Total unsecured debts..........6600......264.......-


Monthly Budget Summary
Total monthly income.................... 1,235.96
Expenses (including HP & secured debts). 897.59
Available for debt repayments........... 338.37
Monthly UNsecured debt repayments....... 264
Amount left after debt repayments....... 74.37

Personal Balance Sheet Summary
Total assets (things you own)........... 68,900
Total HP & Secured debt................. -36,000
Total Unsecured debt.................... -6,600
Net Assets.............................. 26,300

Think i am being a little conservative on the socialising and food, it fluctuates

Many thanks

thatsean

No contingency for maintenance on the car? How old is it, my garage cover mine with a service plan for a tenner a month that ticks all the boxes. Either that, or open a savings account and put an s/o of the monthly value of a service and a tyre (so about £150-£250) annually so that you have money there.

Cancelling gym is a good idea - make sure you get some decent running shoes though - if there's one thing worse than being poor, it's being fat AND poor!

Food looks a bit low to me, are you missing out on local shop top ups?

Did you get to the bottom of why your tax code is off?

nopennys

decent running shoes purchased, but i still have access to a gym, but at a very very discounted rate ;-)

Running shoes purchased a few weeks ago, but injury prevents at the mo !!!
Grocery is about right i think. I may do a fresh veg run which comes to about £5 so maybe £140 p/m

And my tax code relates to a uniform washing scheme which i applied for years ago.